Wheat in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $8.87B in Wheat, making it the 3rd largest exporter of Wheat in the world. At the same year, Wheat was the 12th most exported product in Canada. The main destination of Wheat exports from Canada are: China ($1.53B), Japan ($814M), United States ($716M), Indonesia ($613M), and Colombia ($466M).

The fastest growing export markets for Wheat of Canada between 2021 and 2022 were China ($866M), United States ($314M), and Japan ($272M).

Imports In 2022, Canada imported $30.6M in Wheat, becoming the 124th largest importer of Wheat in the world. At the same year, Wheat was the 797th most imported product in Canada. Canada imports Wheat primarily from: United States ($28.9M), United Arab Emirates ($1.63M), United Kingdom ($49.7k), Chile ($15.4k), and Canada ($10.3k).

The fastest growing import markets in Wheat for Canada between 2021 and 2022 were United Kingdom ($49.6k), Chile ($15k), and Canada ($10.3k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wheat from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Wheat exports accounted up to C$837M and imports accounted up to C$2.63M, resulting in a positive trade balance of C$834M. Between January 2023 and January 2024 the exports of Canada's Wheat have decreased by C$-556M (-39.9%) from C$1.39B to C$837M, while imports increased by C$2.02M (333%) from C$606k to C$2.63M.

Destinations In January 2024, Wheat were exported mostly to China (C$129M), United States (C$77.7M), Peru (C$62.9M), Italy (C$60.6M), and Japan (C$60M), and were imported mostly from United States (C$2.61M), Romania (C$16.6k), Nigeria (C$659), and Argentina (C$45).

Growth In January 2024, the decrease in Wheat's year-by-year exports was explained primarily by a decrease in exports to South Korea (C$-34.6M or -98.3%), China (C$-16.8M or -16.2%), and Malaysia (C$-13.5M or -79.6%). In January 2024, the increase in Wheat's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$-556M(-39.9%)

IMPORT GROWTH (January 2023 - January 2024)C$2.02M(333%)

MAIN EXPORTER (January 2024)SaskatchewanC$423M

MAIN DESTINATION (January 2024)ChinaC$129M

This section shows Wheat's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Wheat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.87B

IMPORTS (2022)$30.6M

NET TRADE (2022)$8.84B

In 2022, Canada exported $8.87B in Wheat. The main destinations of Canada exports on Wheat were China ($1.53B), Japan ($814M), United States ($716M), Indonesia ($613M), and Colombia ($466M).

In 2022, Canada imported $30.6M in Wheat, mainly from United States ($28.9M), United Arab Emirates ($1.63M), United Kingdom ($49.7k), Chile ($15.4k), and Canada ($10.3k).

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